Oil and gas companies are making moves into the UK energy market.

There were 33 generation equipment tenders announced in the Europe region in Q4 2020, marking a drop of 34% over the last four-quarter average of 50, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the Europe region in Q4 2020 with 87 tenders and a 29% share, followed by T&D Project with 72 tenders and a 24% share and Power Plant with 69 tenders and a 23% share during the quarter.

The proportion of tenders by category tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection: 22 tenders and a 66.7% share
  2. Repair, Maintenance, Upgrade & Others: 11 tenders and a 33.3% share.

Thermal is top technology for Europe generation equipment tenders in Q4 2020

Looking at generation equipment tenders by the type of technology in the Europe region, thermal accounted for 16 tenders with a 48.5% share, followed by solar with seven tenders and a 21.2% share and wind with five tenders and a 15.2% share.

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All publicly-announced tenders are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported tenders are available for subscribers to GlobalData’s Power database.